In tiny Switzerland there has been government ownership
from the first, but with less detriment to the business than elsewhere.
They advocated government ownership
of such trusts as the railroads and telegraphs, and excessive income taxes, graduated with ferocity, to destroy large accumulations.
The integral link with the government is based on Pemex's full and stable government ownership
and tight oversight by the state, the service added.
The industry worldwide is moving from government ownership
and/or close government oversight to one in which market-driven solutions are heralded as the wave of the future.
This reflects Fitch's view that the government has a strong interest in supporting Granbanco given Granbanco's indirect government ownership
, the strong history of government support for the banking system in Colombia, and Granbanco's relevant deposit market share.
18% of the voting rights, split approximately equally between direct government ownership
and a joint stake with public investment group Bpifrance Participations.
In view of the effective majority government ownership
, the state funding line in place, and IBK's importance to the industrial sector in Kuwait, the Support Rating is maintained at '2', incorporating a very high probability of support from the Kuwaiti government in case of need.
NS) have CAR at less than 12 percent, with government ownership
close to 51 percent.
The Appellate Court's ruling rejects the city of Pekin's assertion that government ownership
is in the best interest of water customers and upholds the 2004 ruling by the ICC that supported Illinois American Water.
Fitch no longer believes that franchise and/or level of government ownership
should necessarily lead to a difference in banks' SRFs in the case of Qatar.
The ratings are backed by the bank's government ownership
and its stable financial position.
The mortgage lender, which was taken into government ownership
in February this year, has reduced the loan it received from the government from GBP17.